Equinix: An Absolute Beast, But Not A Bargain
Equinix(EQIX) Seeking Alpha·2024-07-29 21:08
Monty Rakusen 2023 and 2024 have been great times to invest in REITs in my opinion. The thesis has largely yet to play out, however prices in the sector have been quite depressed since the Federal Reserve swiftly raised interest rates in an attempt to quell historically high inflation rates. The Federal Reserve hiking cycle began on 17 March 2022. Since then, the Vanguard Real Estate ETF (VNQ), a widely used proxy for the REIT market as a whole, is still down 15%, moderately up since the bottom reached ...